Sixt SE Stock Forecast - Accumulation Distribution

SIX2 Stock  EUR 70.30  0.80  1.15%   
Sixt Stock Forecast is based on your current time horizon. We recommend always using this module together with an analysis of Sixt SE's historical fundamentals, such as revenue growth or operating cash flow patterns.
  
On November 12, 2024 Sixt SE had Accumulation Distribution of 0.0794. The accumulation distribution (A/D) indicator shows the degree to which Sixt SE is accumulated by the market over a given period. It uses the quote sensitivity to the highest or lowest daily price of Sixt SE to determine if accumulation or reduction is taking place in the market. This value is adjusted by Sixt SE trading volume to give more weight to distributions with higher volume over lower volume.
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Sixt SE Trading Date Momentum

On November 13 2024 Sixt SE was traded for  69.20  at the closing time. The maximum traded price for the trading interval was 69.20  and the lowest daily price was  69.20 . There was no trading activity during the period 1.0. Lack of trading volume on 13th of November 2024 played a part in the next trading day price drop. The trading price change to the next closing price was 1.00% . The trading price change to the closing price today is 4.79% .
Accumulation distribution indicator can signal that a trend is either nearing completion, at a continuation, or is about to break-outs. The actual value of this indicator is of no significance. What is significant is the change in value of over time. The formula for A/D of a given trading day can be expressed as follow: ((Close - Low) - (High - Close)) / (High - Low) X Volume
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Other Forecasting Options for Sixt SE

For every potential investor in Sixt, whether a beginner or expert, Sixt SE's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Sixt Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Sixt. Basic forecasting techniques help filter out the noise by identifying Sixt SE's price trends.

Sixt SE Related Equities

One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Sixt SE stock to make a market-neutral strategy. Peer analysis of Sixt SE could also be used in its relative valuation, which is a method of valuing Sixt SE by comparing valuation metrics with similar companies.
 Risk & Return  Correlation

Sixt SE Technical and Predictive Analytics

The stock market is financially volatile. Despite the volatility, there exist limitless possibilities of gaining profits and building passive income portfolios. With the complexity of Sixt SE's price movements, a comprehensive understanding of forecasting methods that an investor can rely on to make the right move is invaluable. These methods predict trends that assist an investor in predicting the movement of Sixt SE's current price.

Sixt SE Market Strength Events

Market strength indicators help investors to evaluate how Sixt SE stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Sixt SE shares will generate the highest return on investment. By undertsting and applying Sixt SE stock market strength indicators, traders can identify Sixt SE entry and exit signals to maximize returns.

Sixt SE Risk Indicators

The analysis of Sixt SE's basic risk indicators is one of the essential steps in accurately forecasting its future price. The process involves identifying the amount of risk involved in Sixt SE's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting sixt stock prices, we also provide a set of basic risk indicators that can assist in the individual investment decision or help in hedging the risk of your existing portfolios.
Please note, the risk measures we provide can be used independently or collectively to perform a risk assessment. When comparing two potential investments, we recommend comparing similar equities with homogenous growth potential and valuation from related markets to determine which investment holds the most risk.

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Other Information on Investing in Sixt Stock

Sixt SE financial ratios help investors to determine whether Sixt Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Sixt with respect to the benefits of owning Sixt SE security.